Copper price hits key resistance – Today’s forecast – 31-10-2025

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Copper price attempted to advance its bullish trend but faced resistance at $5.2000, prompting a corrective pullback to settle around $5.0400.

Mixed trading is expected, yet the overall stability within the bullish channel, supported at $4.7500, increases the likelihood of renewed upward momentum. This could drive further gains toward $5.3200 and $5.5000.

The anticipated trading range for today is $4.9200 to $5.2200.

Trend forecast: Fluctuating within the bullish channel.

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